Haqqani network formally sanctioned by US

Published: September 20, 2012

Hillary Clinton had cleared Haqqani Network to be labelled as a foreign terrorist organisation earlier this month. PHOTO: REUTERS/FILE

WASHINGTON: After US President Barack Obama agreed to declare the Haqqani network a foreign terrorist organisation, the sanctions have now come into force on Wednesday, The Associated Press (AP) reported.

The group is allegedly based in Pakistan.

Earlier, Secretary of State Hillary Clinton had signed a report to Congress saying the network met criteria for a terrorist designation.

The ban would result in freezing assets the group or its members have within US jurisdictions, while Americans would not be allowed to do business with them.

The Haqqanis run a sophisticated and diverse financial network comparable to a mafia group, according to a July report by the Centre for Combating Terrorism.

It said the group raised money through kidnapping, extortion and drug trafficking but also had a business portfolio that included import/export, transport, real estate and construction interests in Afghanistan, Pakistan and the Persian Gulf.

 

on Twitter, become a fan on Facebook

Reader Comments (5)

  • realist
    Sep 20, 2012 - 4:16AM

    Oh no, USA. Now pakistanis will start their public protests for this too!

    Recommend

  • Indian Wisdom
    Sep 20, 2012 - 11:31AM

    Good step!!!!

    Recommend

  • Mystriousforever
    Sep 20, 2012 - 2:54PM

    Why too late US … why too much thinking …. whats the reason

    Recommend

  • Sep 20, 2012 - 5:49PM

    On the one hand,trying to bring them on the negotiating table
    and on the other hand matter is being complicated.not understandable.

    Recommend

  • Enlightened
    Sep 20, 2012 - 10:27PM

    It took 11 long years for US to declare it as a terrorist group. Earlier, US was doing business with this group and even ready to negotiate with them for a peaceful solution of the Afghanistan problem. But the truth of the matter is that grapes turned sour for US as this group spurned the talks offer and instead attacked US and NATO forces in Afghanistan.

    Recommend

More in World